Common use of Title Generally Clause in Contracts

Title Generally. Each of the Borrowers has good title to, or valid leasehold interests in, all of its real and personal property, except for defects in title that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Sprint Nextel Corp)

Title Generally. Each of the Borrowers and their respective Subsidiaries has good title to, or valid leasehold interests in, all of its real and personal property, except for defects in title that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Sources: Amendment No. 1 (Sprint Nextel Corp)